Bollard Group LLC Acquires 1,503 Shares of GE Aerospace $GE

Bollard Group LLC increased its holdings in shares of GE Aerospace (NYSE:GEFree Report) by 1,747.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,589 shares of the company’s stock after acquiring an additional 1,503 shares during the quarter. Bollard Group LLC’s holdings in GE Aerospace were worth $489,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Blueline Advisors LLC bought a new stake in GE Aerospace during the fourth quarter worth $25,000. Ankerstar Wealth LLC bought a new stake in GE Aerospace during the fourth quarter worth $31,000. Tucker Asset Management LLC bought a new stake in GE Aerospace during the fourth quarter worth $32,000. Abich Financial Wealth Management LLC bought a new stake in GE Aerospace during the third quarter worth $32,000. Finally, Redmont Wealth Advisors LLC bought a new stake in GE Aerospace during the third quarter worth $36,000. 74.77% of the stock is currently owned by institutional investors.

Key Headlines Impacting GE Aerospace

Here are the key news stories impacting GE Aerospace this week:

GE Aerospace Price Performance

GE Aerospace stock opened at $334.89 on Friday. GE Aerospace has a 12 month low of $232.24 and a 12 month high of $348.48. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The business’s 50 day simple moving average is $303.27 and its 200 day simple moving average is $307.36. The company has a market cap of $349.40 billion, a price-to-earnings ratio of 41.24, a PEG ratio of 2.97 and a beta of 1.37.

GE Aerospace (NYSE:GEGet Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the prior year, the business earned $1.49 earnings per share. GE Aerospace’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Sell-side analysts forecast that GE Aerospace will post 7.48 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently commented on GE. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Wells Fargo & Company started coverage on GE Aerospace in a report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target on the stock. BNP Paribas Exane dropped their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. President Capital dropped their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Finally, Citigroup dropped their price objective on GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $348.22.

Check Out Our Latest Stock Report on GE Aerospace

GE Aerospace Company Profile

(Free Report)

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.

Further Reading

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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